PYMNTS-MonitorEdge-May-2024

SME banking

Economic Turmoil Propels SME Crowdfunding In Brazil
Economic Turmoil Propels SME Crowdfunding In Brazil
July 04, 2016  |  B2B Payments

There may be one bright spot for Brazil’s financial services industry as political and economic turmoil rattle the nation. Reports by Newsweek on Friday (July 1) said...

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HDFC Loops India SMEs Into Digital Banking
HDFC Loops India SMEs Into Digital Banking
July 01, 2016  |  B2B Payments

HDFC wants to connect small businesses in India into digital banking, and has launched a new unit as part of the initiative. Reports Thursday (June...

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Newly Available Data Finds UK Banks Slashing Small Biz Loans
Newly Available Data Finds UK Banks Slashing Small Biz Loans
July 01, 2016  |  B2B Payments

The spread of U.K. bank branch closures has forced financial institutions in the market to halve their small business lending operations over the last three...

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UK Challenger Bank Suffers Asset Finance Breach
UK Challenger Bank Suffers Asset Finance Breach
June 29, 2016  |  B2B Payments

A British bank revealed this week that it discovered a breach within its asset finance unit, and its CFO announced his resignation Tuesday (June 28)...

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D3 Secures $10M For Digital SMB Banking Efforts
D3 Secures $10M For Digital SMB Banking Efforts
June 28, 2016  |  B2B Payments

Small business banking technology firm D3 Banking announced a new funding round led by West Partners on Monday (June 27), a move the firm said...

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Commerzbank Joins The Alt-Lending Competition
Commerzbank Joins The Alt-Lending Competition
June 22, 2016  |  B2B Payments

Germany’s Commerzbank is entering the marketplace lending space. The FI announced on Tuesday (June 21) that it will launch a peer-to-peer small business lending platform...

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Microsoft, Lawmakers Boost Marijuana SMEs’ FinServ Fight
Microsoft, Lawmakers Boost Marijuana SMEs’ FinServ Fight
June 20, 2016  |  B2B Payments

While some marijuana businesses may be operating legally under state law, the federal law that still considers them illegal means banks often refuse to provide...

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Barclays Doubles Scottish SME Support
Barclays Doubles Scottish SME Support
June 10, 2016  |  B2B Payments

Barclays has launched a new small and medium-sized enterprise fund in Scotland, the bank announced on Thursday (June 9). According to reports, the fund, worth...

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When SME Self-Sufficiency Turns Self-Destructive
When SME Self-Sufficiency Turns Self-Destructive
June 09, 2016  |  B2B Payments

Small and medium-size enterprises face an uphill battle in becoming successful companies, and while the U.S. often prides itself on the concept of pulling yourself...

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